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FOX News
Oct 6, 2012 10:00am EDT
obama administration are at 15% of grosse pointe woods. that's the lowest they've been in 60 years, so if everyone on the show believes that the answer to all of our economic problems is lowering the taxes, then you should vote for obama, because he's given us the lowest taxes that they've been in-- >> julian. >> let me point out that-- >> and do not want to change that overall tax. romney wants to keep it at-- >> julian, i think you missed the point here and the point is look, it's not just the existing, it's new business formation is at a record low according to the census bureau, if you look, small business accounts for roughly 50% of gdp and the numbers are much greater than you're giving credit for. i think the tax issue. >> the small businesses that are affected-- >> okay. >> the small businesses affected by that 1%-- that increase on that very top level, above 250 level represent about 10 to 12% of workers. >> okay, wait a minute, tobin, you disagree with that number? >> well, the actual number is, the top 3% of employment, let's say 15% above julian's number, that's not the poi
FOX Business
Oct 7, 2012 1:00am EDT
. when george w. bush did in 2005, because of katrina. when obama did it, a year ago, it was because of libya. and in each case, price the went down significantly. i don't think the obama administration will do it now because it will look too political and might actually be political if they were to do it, but i would note that gas prices are starting to come down from where they had been and romney, who is blaming obama for the increase in gas prices is not giving obama any credit for the gas prices actually going down. >> all right. jonas? >> i think that the government could make money trading this thing, and in charge of the spr. and sell at $100 a barrel and announce you're going to drill in the public lands and-- i'm saying that's not the job of government and moreover a political thing wouldn't become a thing it make money, it'd be to drive prices down before the election. and for the iran situation, that's probably what it's for an old-fashioned concept we don't use it because people don't like $4 gas, gas is going to get more expensive every year because there's less of it. get
FOX Business
Oct 7, 2012 8:00am EDT
presidential election will impact their hiring plans for next year. and someone here says, this is why. >> you know the phrase you always use, obama and biden want to raise taxes by a trillion dollars, guess what? yes, we do in one regard. we want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all of that money going to the super wealthy. >> so, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may be feeling more confident these days, but their employers don't share the optimism. they're worried what's ahead and what's ahead are future tax increases, for small business owners still, these are people that own delis and dry cleaners and pave your driveways, not fat
FOX News
Oct 6, 2012 7:00am PDT
and note under the obama, production at the highest level in 20 years, as for, i don't know what somebody's laughing about. if you want to-- >> i'm laughing because it came on private land, but not public land, okay. >> but we can have that debate it's not really that meaningful to the point you're making. >> let's get on. >> i think the issue is here, that the strategic petroleum reserve is for when we have very unusual circumstances, when bush did it in '91 during the iraq invasion, when clinton did it in 2000, it happened, for a specific situation in 2004. when george w. bush did in 2005, because of katrina. when obama did it, a year ago, it was because of libya. and in each case, price the went down significantly. i don't think the obama administration will do it now because it will look too political and might actually be political if they were to do it, but i would note that gas prices are starting to come down from where they had been and romney, who is blaming obama for the increase in gas prices is not giving obama any credit for the gas prices actually going down. >> al
Search Results 0 to 3 of about 4